TSLA: Bullish Pennant Targets $555 After Channel BreakoutTesla, Inc.BATS:TSLATaxpayerTradesTesla appears to be consolidating within a bullish pennant after breaking out of a multi-month descending channel on the daily timeframe. The breakout generated a strong impulsive move higher, and current price action may represent a healthy consolidation before the next directional move. The key level I'm watching is the bullish pennant trigger near 407.48. A breakout above this region could support a continuation toward the major supply zone between 480 and 500. If buyers can successfully clear that resistance area, the measured move projects a potential target near 555. The bullish thesis remains valid while price holds above 370.50. A break below that level would invalidate the setup and suggest a deeper correction may be underway. Key Levels: • Entry Trigger: 407.48 • Invalidation: 370.50 • Resistance Zone: 480-500 • Bullish Target: 555 Not financial advice.